US and EU meet to discuss impact of Fatca
Following a letter from the bloc about concerns over how the legislation affects Europeans
Tax & Regulation
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UK financial adviser banned for life
After he was convicted of stealing £2.1m in client funds
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German citizen pleads guilty in US Panama Papers case
He was connected to beleaguered law firm Mossack Fonseca and related entities
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Cayman tops ‘financial secrecy’ index
While the United States overtakes Switzerland for the first time
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Mini-bond victims take legal action against lifeboat scheme
But FSCS denies wrongdoing, stating it has sought legal advice on the ‘complex and sensitive case’
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Julius Baer banned from conducting ‘major acquisitions’
After it is linked to allegations of corruption and money laundering by a Venezuela oil firm and Fifa
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Guernsey fund and directors hit with more fines
Following a second investigation into Louvre by the Bailiwick’s financial watchdog
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Cayman Islands kickstarts bid to be struck off EU blacklist
As Panama president says European bloc should look at the ‘great effort’ the country has made
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Dearth of DB schemes to hurt retirees
As unsuitable transfers could mean up to £20bn in lost income over five years
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How will merger of UAE regulators affect advice sector?
Firms ‘would no doubt have to change or replace their current licences which would come at a cost’
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EU blacklist adds Cayman Islands and Panama
While Turkey given extra time to comply with exchange of tax information to avoid being listed
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PI premiums push UK advisory firms to turn away clients
As one business saw a nearly 400% increase in just one year